Majid Al Futtaim

About the developer

Majid Al Futtaim Group is a large Arab holding company founded in 1992 and based in Dubai. It includes four subsidiaries: MAF Ventures, MAF Properties, MAF Retail and MAF Trust. Its founder and president is Majid Al Futtaim, one of the most influential billionaires in the world.

Majid Al Futtaim Group develops, builds, owns and operates major shopping centers in various countries such as Cairo, Egypt and Saudi Arabia. The largest in the United Arab Emirates include Mirdif City Centre and Mall of the Emirates. Another 13 properties have been completed or are under construction in Egypt, Saudi Arabia, Cairo, Oman, Lebanon and Bahrain.

The developer is also creating integrated communities that combine living, leisure and working in one place. These include:

  • Premium residential properties
  • Commercial and retail spaces
  • Cafes, restaurants, cinemas
  • Marinas for yachts

Majid Al Futtaim owns a license for the French brand Carrefour (hyper- and supermarkets). Thanks to this, he has been able to enter Central Asian, the Middle Eastern and North African markets. The holding owns the family entertainment center Magic Planet, the shopping center City Center and multiplex cinema VOX Cinemas.

According to the founder, the company’s aim is to bring people wonderful moments every day and give them a unique experience in shopping, eating, recreation, travel and life in general.

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